The consumer confidence indicator in Belgium rose to -19 in June 2020 from -23 in the previous month. Consumers were less pessimistic about the general economic situation expected over the next twelve months (-18 vs -28 in May), amid the further easing of anti-virus lockdown rules. Moreover, households are expecting improvements in their own financial situation (1 vs -2) and savings (13 vs 7). Meanwhile, prospects for unemployment remained gloomy (at 70).

Consumer Confidence in Belgium averaged -7.24 points from 1985 until 2020, reaching an all time high of 16 points in August of 2000 and a record low of -28 points in January of 1985. This page provides - Belgium Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Belgium Consumer Confidence - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020.

Consumer Confidence in Belgium is expected to be -19.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Belgium to stand at -13.00 in 12 months time. In the long-term, the Belgium Consumer Confidence is projected to trend around -8.00 points in 2021 and -5.00 points in 2022, according to our econometric models.

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Belgium Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
-19.00 -23.00 16.00 -28.00 1985 - 2020 points Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-03-20 01:45 PM Mar -9 -4 -5
2020-04-21 09:00 AM Apr -26 -9 -17
2020-05-20 09:00 AM May -23 -26 -23
2020-06-19 09:00 AM Jun -19 -23 -25
2020-07-20 09:00 AM Jul -19
2020-08-21 09:00 AM Aug
2020-09-21 09:00 AM Sep -17
2020-10-21 09:00 AM Oct


News Stream
Belgium Consumer Confidence Keeps Improving
The consumer confidence indicator in Belgium rose to -19 in June 2020 from -23 in the previous month. Consumers were less pessimistic about the general economic situation expected over the next twelve months (-18 vs -28 in May), amid the further easing of anti-virus lockdown rules. Moreover, households are expecting improvements in their own financial situation (1 vs -2) and savings (13 vs 7). Meanwhile, prospects for unemployment remained gloomy (at 70).
2020-06-19
Belgium Consumer Sentiment Improves in May
The consumer confidence indicator in Belgium rose to -23 in May 2020 from an over 26-year low of -26 in the previous month. Consumers are less pessimistic about the general economic situation expected over the next twelve months (-28 vs -47 in April), as the country began a gradual deconfinement measures. Additionally, expectations over households’ financial situation improved slightly (-2 vs -6). On the other hand, households’ sentiment on the outlook for unemployment has continued to deteriorate (70 vs 60); and prospects for saving worsened (7 vs 9).
2020-05-20
Belgium Consumer Morale Collapses in April
The consumer confidence indicator in Belgium slid by 17 points from the previous month to -26 in April of 2020, the biggest monthly change ever recorded and the lowest level since October of 1993. Roughly 1 in every 8 households is extremely vulnerable to the Covid-19 crisis, incurring a loss of at least 10 % of their income, while having only a limited savings buffer. Expectations reported by consumers regarding the general economic situation (-47 vs -28) and unemployment (60 vs 16) recorded the biggest drop and the lowest level ever reached for the economic outlook. On the personal front, there is also great concern among households about the change in their financial situation over the next twelve months (-6 vs 1). On the other hand, their savings forecasts have not been affected (9 vs 8).
2020-04-21
Belgium Consumer Morale Weakens to 7-Month Low
The consumer confidence indicator in Belgium dropped to -9 in March 2020 from -4 in the previous month, the lowest since September 2019 influenced by the coronavirus pandemic. Consumers see the general economic situation getting much worse over the next twelve months (-28 vs -17 in February) and they also expect unemployment to rise sharply (16 vs 6). Despite the gloomier outlook on the macroeconomic front, households’ expectations regarding their personal financial situation have remained relatively neutral (1 vs 3).
2020-03-20

Belgium Consumer Confidence
In Belgium, the consumer confidence indicator supplies concise information on consumers’ confidence regarding the progress of the economy. The index is based on a monthly telephone survey of more than 1,000 consumers on their outlook for the country's job and economic prospects as well as their own financial situation and ability to save money. The index is the balance of positive and negative replies, with a figure of zero meaning Belgians are evenly split on whether things will improve or worsen for consumers in the next year.